Robamazilla 2020 from Future News 2.0

  The video that was 8 months in the making so far. The first Future News 2.0 show featuring Robamazilla the rampaging robotic T-Rex from outer space in the year 2020.  The video is said to drag or wind...

China on Course Catching Japanese Disease

Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to...

Market Fundamentals are Wrong

The market is overpriced, the only thing driving the present rally is hot money created out of thin air by the Fed's money-printing policies.Hot money can flood into assets quickly - pushing the market up 60% since...

Too Big to Fail

There is an old saying that if you owe the bank $1,000 that’s your problem, but if you owe the bank $1 million that’s their problem. Similarly it worked for the Wall Street giants. A year after the crash,...

The Bigger the Bubble the Greater the Bust

It is becoming clearer by the day that the feds' efforts aren't really working. They can give money to their friends in the banking industry. They can give money to speculators who then make bets on the stock...

Economic Cycle has Turned

During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the...

Fake Recovery through Cash for Clunkers

“US economic power is declining as a result of the financial crisis,” said the head of the World Bank Robert Zoellick. And continued saying: "One of the legacies of this crisis may be a recognition of changed...

Economy @ Pharaoh

It is the battle between the forces of inflation, envisioned by the feds and the forces of deflation that rein in the MarketBattles normally do have clear winners. One side is master of the field and the other...

Recovery a Hoax

Traveling through Europe the last couple of weeks brought a closer insight in the economic development underway.Meanwhile the US Dollar has fallen in an opposed direction compared with stocks, gold, and the rest of...

Obama Sin Laden On the Road to Destruction

Obama Sin Laden not to confuse with Osama Bin Laden. Sin is Spanish for without and Laden is German for Shop. On the road to Destruction there won’t be any profitable Shop left, as meanwhile thousands of...

Big Ben’s Mistakes

As soon as Bernanke starts his helicopter engines, bond buyers get out their guns; the Chinese - the biggest single customer for US debt - have warned that they will shoot him down. What can Bernanke do? He is...

Big Ben is no Hero

The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*...

Good Economics

During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the...

The Chinese Ponzi Bubble

Everyone knows that China is the economy of the future. But beware of a potential blow-up of the Chinese economy.Anyone who thinks China can save the world from recession needs to read former Morgan Stanley analyst...

Greenback Emissions Threaten Global Health

Warren Buffett warned in The New York Times - that "greenback emissions" threaten the whole world Econo(mic)-system."The question is not whether the dollar will weaken over time, but how it will weaken," El-Erian...